Indiana Code 20-43-3-8. Foundation amount
Current as of: 2023 | Check for updates
|
Other versions
Sec. 8. A school corporation‘s foundation amount is the following:
(2) Six thousand six hundred eighty-one dollars ($6,681) for the state fiscal year beginning July 1, 2024.
(1) Six thousand five hundred ninety dollars ($6,590) for the state fiscal year beginning July 1, 2023.
Terms Used In Indiana Code 20-43-3-8
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
As added by P.L.217-2017, SEC.119. Amended by P.L.108-2019, SEC.221; P.L.165-2021, SEC.160; P.L.201-2023, SEC.200.